What NAFMII's asset-backed MTNs mean for securitisation in China

China's National Association of Financial Market Institutional Investors (NAFMII) has released draft rules for a securitisation instrument for non-financial issuers

5 minute readAugust 08, 2012 at 12:58 AM

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NAFMII's asset-backed medium term notes (ABN) are receiving a more positive response from the market than PBOC's asset-backed securitisation (ABS) instrument, announced in March.

While financial institutions are still waiting for their individual quotas in the 50

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